The rupee recovered 8 paise to 81.96 against the U.S. dollar within the early commerce on June 27 after good points in home equities and a weak dollar in abroad markets.
| Photo Credit: C. Venkatachalapathy
The rupee recovered 8 paise to 81.96 against the U.S. dollar within the early commerce on June 27 after good points in home equities and a weak dollar in abroad markets.
The home forex opened larger at 82.02 against the dollar on the interbank overseas alternate market. It moved in a good vary of 81.95 to 82.02 within the early commerce.
The rupee traded at 81.96 against the U.S. dollar at 9.45 a.m., registering a acquire of 8 paise over the earlier shut of 82.04.
The dollar index, which gauges the dollar’s power against a basket of six currencies, traded decrease by 0.07% at 102.63.
Crude oil value benchmark Brent crude was up 0.44% at $74.51 per barrel.
“… 81.75-55 level appears more possible now, and we will switch to upside view if above 82.1 only,” Anand James, Chief Market Strategist at Geojit Financial Services, stated.
In the home fairness market, the 30-share BSE Sensex rebounded 187.41 factors or 0.30% to 63,157.41 factors whereas the broader Nifty superior 54.70 factors or 0.29% to 18,745.90 factors.
Foreign Portfolio Investors (FPIs) had been web sellers within the capital market on June 26 as they offloaded shares value ₹409.43 crore, in accordance to alternate information.
